how to buy Terra coin

How to Buy Terra Right Now

In this article, we will show you how to buy Terra easily. By the end of this article you would learn how to buy LUNA with USD, BTC or ETH. Keep reading.

Table of Contents:

  1. What is Terra? Our review
  2. Current prices
  3. Where to buy LUNA
  4. How to safely store LUNA
  5. Frequently asked questions

Current Terra Price Stats

LUNA Price $5.3223 USD
Price Change24h $-0.2963 USD (-5.27%)
24h Low / 24h High $5.0030 / $5.9198 USD
Trading Volume24h $12,035,773 USD
MarketCap $5,295,994,880 USD

What is Terra? A Review

Terra aims to build a new financial infrastructure that works better for everyone. The network is powered by a family of stablecoins, each pegged to major fiat currencies all algorithmically stabilized by Terra’s native token, Luna. Terra’s mission is to set money free by building open financial infrastructure. Luna, as the native staking asset from which the family of Terra stablecoins derives their stability, utility, and value, acts both as collateral for the entire Terra economy and as a staking token that secures the PoS network. Luna can be held and traded like a normal crypto asset, but can also be staked to accrue rewards in the network generated from transaction fees. Luna can also be used to make and vote on governance proposals.The family of Terra stablecoins is designed to achieve stability through consistent mining rewards with a contracting and expanding money supply. For example, if the system has detected that the price of a Terra currency has deviated from its peg, it applies pressure to normalize the price. Currently, the family of Terra stablecoins includes: KRT (Terra stablecoin pegged to Korean Won), UST (Terra stablecoin pegged to US Dollar), MNT (Terra stablecoin pegged to Mongolian Togrog), SDR (Terra stablecoin pegged to IMF SDR), with more being added in the future.

how to buy Terra

Where and How to Buy Terra (LUNA) Coin

There are 3 steps to purchasing Terra. They are:

  1. Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase LUNA directly with USD. They are: .
  2. Move the Bitcoin to an Exchange that supports LUNA: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the LUNA/BTC trading pairs.
    At the moment, LUNA is currently available for purchase with Bitcoin at Gateio, Binance, BitTrex, gopax, HuobiPro, OKEX, Upbit, HitBTC, huobikorea, Kucoin, .
  3. Buy Terra on the Exchange: Now, you can buy Terra with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different LUNA pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.

USD Exchanges

Exchange Trade Pair Volume Exchange Grade

Bitcoin Exchanges

Exchange Trade Pair Volume Exchange Grade
Binance LUNA/BTC 1305.7568 BTC A
BitTrex LUNA/BTC 44.2969 BTC A
gopax LUNA/BTC 0.0196 BTC A
HuobiPro LUNA/BTC 651.1320 BTC A
Upbit LUNA/BTC 37.4090 BTC BB
huobikorea LUNA/BTC 246.7919 BTC B
Kucoin LUNA/BTC 252.1447 BTC B

Eth Exchanges

Exchange Trade Pair Volume Exchange Grade
Gateio LUNA/ETH 59.7023 ETH B

How to Safely Store Terra Crypto

Once you buy Terra, the next question you'd have is "where do I store my Terras?". It is quiet easy to store your Terra tokens after purchase. In fact there are two easy methods of doing so:

  1. Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
    Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Terra. If Terra is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto.
  2. Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Terra for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.

Reported Issues

Frequently Asked Questions

Question Answer
Where can I buy LUNA with Dollars (USD)? You can buy Terra (LUNA) with U.S Dollars on .
Where can I purchase LUNA with my Bitcoin (BTC)? As of today, you can buy Terra with Bitcoin on any of the following exchanges: Binance, BitTrex, gopax, HuobiPro, OKEX, Upbit, HitBTC, huobikorea, Kucoin, .
I have Ethereum. Where can I buy LUNA with ETH? Terra is available for purchase using ETH on these Crypto exchanges: Gateio, .
How much is Terra? Right now, the price of LUNA is $5.3223.
Is Terra Crypto a good Investment in 2021? Our analysis shows a possible all time high of $11.8084. So yes. LUNA is a good investment.

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